Start 2022 Strong: Capitalize On Lessons Learned in 2021

  • Manufacturing
  • 2/2/2022

All businesses have been impacted by a fluctuating economy, increased legislation, regulatory change, higher inflation and workforce shortages in the last 12 to 24 m...

All businesses have been impacted by a fluctuating economy, increased legislation, regulatory change, higher inflation and workforce shortages in the last 12 to 24 months. There are many lessons that have been learned from these changes which can make businesses even stronger in 2022.

Hot Topics for Manufacturers – Workforce and Succession

Most manufacturing companies are currently experiencing workforce challenges caused by the “Great Resignation”, remote workforce demands, increased retirements, and fewer people entering the industry. Owners may be struggling with the resulting operational issues, financial implications, and technology limitations.

Finally, owners of manufacturing companies are being contacted every week by someone interested in purchasing their company. With inflation on the rise and all of the other above issues, is now the right time to consider an exit?

We share our Top 10 issues in 2021 that will continue to impact businesses in 2022. Please read the full article to help prepare for success in 2022.

This blog contains general information and does not constitute the rendering of legal, accounting, investment, tax, or other professional services. Consult with your advisors regarding the applicability of this content to your specific circumstances.

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